Estimating Tax Future Property Tax Liabilities
Estimating Tax Future Property Tax Liabilities There are four things to consider in projecting tax liabilities for future years. 1. Estimate the timing of future revaluations and appeals. 2. Projected increases in future tax rates. 3. Legislative changes. 4. National Economy. It is very important to forecast county reappraisals due to up-ticks in sales activity,…